The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space. Stablecoins are a type of cryptocurrency offering investors price stability. The most popular stablecoins are those backed by the United States dollar — the world’s leading reserve currency. Others are less popular and not widely used, so many may...Continue Reading

Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power. Wall Street movies offer insightful perspectives into the worlds of business, finance and power. They also emphasize how vital creativity, risk-taking and tenacity are to success. Viewers can learn more about the financial sector and...Continue Reading

A total of five crypto companies ended their partnership with Silvergate Bank on March 2 after a series of lawsuits and investigations against the bank. Silvergate Bank — a prominent lender to crypto firms — lost five partners on March 2 due to a slew of investigations and lawsuits against it. Coinbase, Paxos, Gemini, BitStamp...Continue Reading

While digital events and spaces have become increasingly common over the last few years, is digital reality the right place for all types of gatherings, such as court proceedings? It’s no secret that over the last few years, many physical events have now digital iterations or have even been completely digitized into virtual reality. Recently, in Colombia,...Continue Reading

Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar. Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar. US dollar strength reemerges Notably,...Continue Reading

The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple. The global payments industry is bullish on the potential of cryptocurrencies and blockchain to enable faster and cheaper transactions, according to a new survey co-hosted by Ripple. Blockchain-based digital payment network Ripple...Continue Reading

The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities. Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said....Continue Reading

As it stands today, BUSD’s market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022. Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory crackdown on its token issuer and a planned...Continue Reading

While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators. Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss. The guidelines came from the United States...Continue Reading

A U.S. judge scolded the SEC over its non-specificity on its objection to Voyager’s restructuring deal and asked for specifics on its concerns. The bankruptcy judge on Voyager Digital’s case has reportedly scolded the United States securities regulator over its ambiguous reasoning for objecting to the crypto lending firm’s proposed sale to Binance.US. At a...Continue Reading